ON CLASS OF NON-TRANSFERABLE UTILITY COOPERATIVE DIFFERENTIAL GAMES WITH CONTINUOUS UPDATING

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2 Scopus citations

Abstract

This paper considers and describes the class of cooperative differ- ential games with the non-transferable utility and continuous updating. It is the first detailed paper about the application of continuous updating approach to the non-transferable utility differential games. The process of how to construct Pareto optimal strategy with continuous updating and Pareto trajectory is described. Another important contribution is that the property of subgame consistency is adopted for the class of games with continuous updating. The resource extraction game model is used as an example. The Pareto optimal strategies and corresponding trajectory are constructed, and the set of Pareto optimal strategies satisfying the subgame consistency property is presented. The results of numerical simulation are demonstrated in the Matlab environment, and the conclusion is drawn.

Original languageEnglish
Pages (from-to)291-302
Number of pages12
JournalJournal of Dynamics and Games
Volume7
Issue number4
DOIs
StatePublished - Oct 2020

Scopus subject areas

  • Statistics and Probability
  • Modelling and Simulation
  • Applied Mathematics

Keywords

  • Continuous updating
  • Cooperative games
  • Differential games
  • Non-transferable
  • Subgame consistency

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